Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Don't you watch Georgian TV?
The lights went out when they delisted sorry to say.
I don't really understand all the pessimism around here.
The trial in California has now taken an enormously positive turn for FRR. It now sounds very, very much like they have evidence and witnesses to back up their case against Hope for breaches of fiduciary duties when Hope was a director of Frontera (see clause 8 of FRR attorney Mr Vine's statement from my 14.36 posting of 04/07/20). If they have evidence to prove that Hope deliberately prevented FRR from obtaining funds which would have enabled FRR to repay their debt to OMF, then Hope was in blatant breach of his fiduciary duties, as he drove FRR into failure to pay that debt. (N.B. It is also a breach of fiduciary duties for a director to place himself into a conflict of interest between himself and his charge).
Because Hope's illegal anti-fiduciary behaviour has caused FRR to be in a position of debt, then surely any actions against FRR by Hope and his gang which are the result of that illegal action (the liquidation, the court case for shares, etc.) are themselves unlawful and will therefore be cancelled.
If the evidence mentioned earlier is forthcoming, then FRR's fiduciary claim against Hope/OMF (was it for 56 or 65 million dollars? - it was a lot, anyway) also looks to be very firmly in play. And Hope/OMF would also be responsible for paying all the legal bills for the various cases too (does Hope's legal insurance cover him for illegal activities? A moot point, but it almost certainly wouldn't cover the damage payments).
As I said on a previous occasion - things are looking much more hopeful, at least in America. Just that little problem in Georgia to be settled. After the election?
It's doc. 77. It was posted on here at 23.47 Monday.
It's hard to keep track of how many legal fronts we are fighting on - and hard to believe we are still going. This has been an exhausting year and a half. Steve Nicandros seemed burned out just before he handed over to Zaza. I now feel like he sounded at his last conference call. Hoping for a miracle but certainly not counting on it.
What a saga. Are they lights still on? Go on Zaza
New filing in Frontera Resources Corporation et al v. Hope et al: ORDER by Judge Richard Seeborg granting [76] Motion to Amend/Correct. Amended Pleadings due by 12/11/2020. Jury Selection/Trial set for 4/26/2021 at 09:00 AM in San Francisco, Courtroom ...